Xero

Cloud-based accounting to improve efficiency and flexibility

Businesses from all sectors are enjoying increased efficiency and flexibility by moving to cloud-based accounting – and award-winning Xero software is at the forefront of that transition.

The switch towards digital services and cloud technology – driven to a significant extent by the Making Tax Digital (MTD) initiative – has seen many more businesses move their accounting activity online.

For many SMEs, Xero is the ideal cloud-based accounting solution. It is designed specifically to make small business easier – taking control of the numbers, so you can get back to what you do best.

Xero simplifies the bookkeeping process, moving all aspects online – including invoicing, credit control and VAT returns – while also offering management accounts, data transfer and client reporting. All of this is possible on a subscription basis, and without the need for any major software installation, as Xero is entirely website driven.

As a Xero Gold Partner, the team at Price Bailey can work with you to make the move to cloud-based accounting as smooth and seamless as possible. Benefits from switching to Xero include:

Easier invoicing – send individual invoices using a simple ‘pay now’ button and automate professional recurring invoices, receiving updates when they’re opened
Pay bills – manage your cash flow by scheduling payments and batch paying suppliers
Faster bank reconciliation – your latest banking, credit card and PayPal transactions are imported and categorised, improving accuracy by reducing the need for manual entry
Creating purchase orders – create and email custom purchase orders and copy to bills for payment
Claim expenses – easy-to-handle personal expenses, just review and approve receipts
Payroll – reduce manual data entry and increase compliance with combined payroll and accounting
Anytime, anywhere access – work from anywhere in the world that has an internet connection, and on any device using the Xero mobile app
Future compliant – Xero is fully compliant with Making Tax Digital, and also updates automatically, eliminating to need to install or pay for ongoing upgrades
Specialist construction software – Xero has a CIS module for businesses involved in the construction industry
Outstanding connectivity – Xero integrates with more than 700 third-party apps including inventory, invoicing, time tracking and expenses, extending the software’s support for your business.